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They are immensely self-serving, as they would. But a the same time they have a quality that we need in Southern Europe. Actually, I think everyone needs to have foreign direct investment by patient inverstors. They are patient investors. They don't come in to grab an asset for speculative purposes. They come in order to create a base on which to build and build and build. And their horizon is 20-30 years. What Europe has not done with Greece is to do what the Chinese were prepared to do to come there with their workers, with their engineers, and actully do some serious work. (en) |
